Counseling Psychology Degree from University of South Dakota Return on Investment

See what the return on investment is for jobs that someone with a Counseling Psychology degree from University of South Dakota is likely to work in.

F D C B A
Approximate Total Payment $148,984
Approximate Total Interest $42,168
Monthly Payment $1034.61
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in counseling psychology from university of south dakota

Clinical and counseling psychologists

Projection Rating: C-

Median Annual Wage: $96,100

Percentage of Paycheck to Repay: 25.84%-19.23%

Employment Change: 10.2%

Entry-Level Education: Doctoral or professional degree

Substance abuse, behavioral disorder, and mental health counselors

Projection Rating: C

Median Annual Wage: $53,710

Percentage of Paycheck to Repay: 23.12%-17.20%

Employment Change: 84.5%

Entry-Level Education: Master's degree

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When considering a Counseling Psychology degree from the University of South Dakota, it's crucial to evaluate the return on investment (ROI) of your educational experience. This degree not only equips students with essential skills for a rewarding career in mental health but also offers financial benefits that can enhance your future.

The University of South Dakota's Counseling Psychology program provides a comprehensive curriculum that prepares graduates for various roles in counseling, therapy, and mental health services. By investing in this degree, you are gaining access to a respected program known for its rigorous academic standards and dedicated faculty.

One of the most significant aspects of the ROI of this degree is the career opportunities it opens up. Graduates find themselves well-positioned in a growing job market, with many securing positions in schools, hospitals, private practices, and community organizations. The demand for qualified mental health professionals continues to rise, ensuring that your degree translates into stable employment opportunities.

Financially, the return on investment for a Counseling Psychology degree can be substantial. According to recent statistics, graduates can expect competitive starting salaries that increase with experience and specialization. Many professionals in this field report job satisfaction and the ability to make a positive impact on their communities, further enhancing the value of their degree.

Moreover, the University of South Dakota offers various financial aid options and scholarships, making it more accessible for students to pursue their educational goals without incurring overwhelming debt. This support further improves the ROI, as graduates can focus on their careers rather than financial burdens.

In conclusion, pursuing a Counseling Psychology degree from the University of South Dakota not only provides an enriching academic experience but also offers a promising return on investment. With strong job prospects, competitive salaries, and the potential for personal fulfillment, this degree is a wise choice for those looking to make a difference in the field of mental health.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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